News when you want it with Bloomberg News now.

I'm Nathan Hager and I'm Karen Moscow. Karen, efforts to end the war with Iran

are getting complicated. Now, an Iranian media report says the

latest U.S. proposal to stop the fighting has

narrowed the gaps to some extent. But Reuters is reporting that Iran's

supreme leader, Mojtaba Khamenei, has ordered the country's highly enriched

uranium stockpile not to be sent abroad. President Trump says that is a

non-starter. We get the highly enriched, we will get

it and we don't need it. We don't want it.

We'll probably destroy it after we get it, but we're not going to let them have

it. And President Trump's also coming out

against a plan by Iran and Oman to set up a permanent toll system through the

Strait of Hormuz. Bloomberg's Stuart Livingston Wallace

reports. That could be a major sticking point.

This is, as Trump says, an international war to end tradition that you don't have

tolls on that. And I think it would be very difficult

for the international community, not least for littoral states here and, you

know, the regional states, to accept that going forward, they have to pay a

toll to either Iran or Oman, or both. In order to move their goods through the

Bloomberg Stewart Livingston Wallace reports, President Trump's threatened to

resume attacks within days if Iran does not agree to his terms, though he has

made that threat several times before. Meantime, Nathan on Capitol Hill House

Republican leaders abruptly called off a vote to authorize the Iran war.

Armed Services Chair Mike Rogers says not enough Republicans were present for

the vote. Massachusetts Democrat Jim McGovern says

it's because they're running out of support.

Gas prices are through the roof. People can't afford people can't afford

their groceries. Is that why you're pulling in?

You guys know the other guys of the house will be in order.

Democrat Jim McGovern blasted the canceled vote on the House floor.

Last week, the House tied on a similar vote that Democrats have been forcing

repeatedly to highlight the growing economic toll from the war.

And care in the war could also be affecting President Trump's decision to

sign off on a $14 billion arms sale to Taiwan.

Acting Navy Secretary Hong Kao told the Senate committee that the U.S.

has put a temporary hold on arms sales to the island to ensure the U.S.

has enough supplies for the conflict. A spokesman for Taiwan's president says

there is currently no indication that the U.S.

plans to make any adjustments to the sale.

Nathan. President Trump says he plans to send

5000 troops to Poland. The decision reverses a plan to suspend

an army deployment to Poland, which was paused by the Pentagon a week earlier

began. More from Bloomberg chief European

correspondent Oliver Crook. The United States found that actually,

the quickest way to pull troops out of Europe was to block the rotation that

was coming into Poland. And obviously, Poland is seen as a more

model ally at the moment to the United States, because they're not being as

disparaging as Donald Trump. And they sort of reversed that move,

saying that actually they're going to send 5000 troops to Poland.

So I think net we're talking about still a reduction in troops for the Germans,

but they didn't want to punish the poles.

Interestingly, for some reason, Donald Trump cited the fact that the poles had

elected the president, who is an ally of Trump.

But that was, you know, August of last year.

So anyways, it's sort of a jumbled message here, but it seems that, broadly

speaking. Still, their plan is to remove troops

from Germany. They don't want to punish Poland.

And overall, we should say that the American posture is they do want to

reduce their troop levels in Europe overall.

Bloomberg Chief European correspondent Oliver Crook says President Trump has

suggested a broader drawdown of the U.S. as 85,000 military personnel in Europe.

And that's in the works. And back here in the U.S., carrying the

Senate has left Washington for a weeklong recess without passing

President Trump's $72 billion immigration package.

Bloomberg's Amy Morris reports from Washington.

Republican Senator Shelley Moore Capital explains, there were just too many

questions about the president's so-called anti weaponization fund.

It just became much more complicated. A lot of questions about what is this

fund? Who decides who's eligible?

How did it come about? Why are we hearing about this now?

Senator Shelley Moore Capito on balance of power.

Senate Minority Leader Chuck Schumer says there is a way forward.

Stop backing the slush fund. Stop pushing the ballroom.

And as soon as we get back. Join Democrats in fighting to lower

Americans costs. The bill had already faced significant

pushback from Republicans over using the bill to fund Trump's ballroom in

Washington. Amy Morris, Bloomberg radio.

All right, Amy, thank you. All this is shaping up to be one of the

most expensive memorial days on record. As millions get set to hit the road this

weekend, the price of gasoline is more than 40% higher than a year ago.

Bloomberg Economic reporter Mark NIKKEI says that's not the only thing rising

for consumers. We're starting to see a big increase in

food prices, but in particular prices for things like beef and lettuce and

tomatoes. The average ground beef prices in April

broke the $7 per pound threshold for the first time.

Um, and steak is now past $13 a pound. Tomatoes are up 40% compared to this

time last year. That's the biggest jump since 2004.

And Bloomberg Markets says economists expect food prices to keep rising, in

part because of the diminished supply and rising prices of fertilizer as a

result of the Iran war. And that's news when you want it with

Bloomberg News now. I'm Karen Moscow, I'm Nathan Hager and

this is Bloomberg.